Acquiring of GRC Tool

The Bank of Punjab in Lahore is inviting technical and financial bids for the acquiring of a GRC Tool. This procurement is aimed at well-reputed organizations or companies capable of fulfilling the requirements as per the tender specifications. The bidding process follows the Single Stage-Two Envelope method, ensuring a transparent and competitive selection. The scope involves the supply of the GRC Tool, with bid documents available immediately for download free of cost from the E-Pads portal and the PPRA website. Bidders must submit their bids electronically via the E-Pads portal by the deadline of 16th July 2026 at 11:00 am. Technical bids will be opened on the same day at 11:30 am in the presence of bidders or their authorized representatives. Eligibility criteria include valid NTN and GST registration certificates, and bidders must provide a bid security of at least 2% of the estimated cost in the form of a Call Deposit Receipt or a Bank Guarantee in favor of The Bank of Punjab. This security must be submitted to the Head CPD before the bid submission deadline, with a copy uploaded as part of the technical bid. Prices quoted must be inclusive of all applicable taxes and delivery charges. The Bank of Punjab’s Head Centralized Procurement Department is located at 1st Floor, Head Office BOP Tower, 10-B, Block E/II, Main Boulevard, Gulberg III, Lahore. Contact numbers are 042-35761601 and 35773826, and the email for procurement queries is procurement@bop.com.pk. A practical tip for bidders is to ensure timely submission of the bid security to avoid disqualification. Uploading all required documents correctly on the E-Pads portal and attending the technical bid opening session can provide clarity and confidence in the process. This tender offers a valuable opportunity for suppliers experienced in providing specialized tools to a major financial institution in Punjab.